Reported 2 months ago
In 2023, CEOs of Britain's largest companies saw their compensation soar, with the median pay for FTSE-100 company leaders reaching 4.19 million pounds, an increase of 2.2%. Nine companies offered packages exceeding 10 million pounds, highlighting the growing disparity as these salaries are now 120 times that of the average British worker. While some argue for higher wages to match inflation, concerns rise over the widening gap between CEO compensation and employee earnings, prompting discussions on executive pay culture.
Source: YAHOO